NEW YORK, June 8- The seven-week strike by Verizon Communications Inc's wireline workers will hurt the company's second-quarter earnings and potentially cost up to 7 cents per share, its chief financial officer said. The company "will see about a 5 cent to 7 cent impact to the bottom line for the quarter," CFO Fran Shammo said at the Bank of America Merrill Lynch...
May 30- An agreement between Verizon Communications Inc and unions potentially ending a nearly seven-week strike includes 1,400 new jobs and pay raises topping 10 percent, the company and unions representing about 40,000 workers said on Monday. Verizon, the No. 1 U.S. wireless provider, and the Communications Workers of America had reached a tentative deal on...
May 30- Verizon Communications Inc said on Monday it will add 1,400 new jobs and provide 10.5 percent in pay raises under terms of a new four-year tentative deal with unions representing about 40,000 workers. The telecommunications company and the Communications Workers of America had reached a tentative deal on May 27. Verizon will add 1,300 new call center...
JERUSALEM, May 26- Israel's largest telecoms group, Bezeq Israel Telecom, reported a bigger-than-expected 38 percent drop in quarterly profit, blaming expenses related to taking full control of its satellite TV unit YES. The company maintained its 2016 net profit forecast of 1.4 billion shekels and earnings before interest, taxes, depreciation and...
A "Brexit" may prove beneficial for U.K. telecommunication companies, but could create headaches for consumers, according to industry watchers.
SEOUL/ JAKARTA, April 22- Months after its global rollout, Netflix Inc is facing problems in several major Asian markets as it struggles to provide enough strong content to attract consumers amid tough local competition, and also faces many regulatory hurdles, underlining concerns about disappointing subscriber numbers reported this week.
Matthew Howett, practice leader for regulation at OVUM, comments on the collapsed merger talks between French telecom giants Bouygues and Orange.
Bob Parker, senior advisor at Credit Suisse, says BT is being targeted by the regulator.
Günther Oettinger, European Commissioner for the digital economy, says new digital services are not feasible without 5G.
Sigve Brekke, CEO of Telenor, outlines his telecommunication company's digital strategy.
Marco Patuano, CEO of Telecom Italia, says there are good signs in the otherwise disappointing fourth quarter results.
Cable TV company acquires UK telecoms group with operations in the Caribbean, for stock and a special dividend worth $5.3 billion.
APEC kicked off its annual meeting with plans to think small, including finding ways to ensure small businesses benefit from trade deals.
Dish Network's controversial bids in a recent wireless spectrum auction are a net positive for American taxpayers, Charlie Ergen tells CNBC.
The traditional cable bundle is not dead and still offers great value, Disney Chairman and CEO Bob Iger tells CNBC.
Cablevision Systems said video subscriber losses doubled, as the cable TV company's customers continued to shift to bundled services from telecoms.
FCC Chairman Tom Wheeler tells CNBC he decided to support net neutrality independently, and not because Obama backed the regulations.
The new net neutrality regulations may persuade the Justice Department to OK the Comcast-Time Warner Cable merger, analyst Daniel Ernst tells CNBC.
A look at the issue of net neutrality and why you should care.
TWC will pay $1.1 million to resolve a FCC probe that found the cable and Internet provider did not properly report multiple network outage.